Zhibao Labuan Re expands reinsurance operations into Hong Kong, Southeast Asia markets - ZBAO News | RalliesZhibao Labuan Re expands reinsurance operations into Hong Kong, Southeast Asia markets
Z
ZBAO• Zhibao Labuan Re expands regional reinsurance operations
- Zhibao Labuan Re, a wholly owned reinsurance unit, expanded into Hong Kong, targeting new treaty business across Southeast Asia.
- Cross-border reinsurance talks launched with a global reinsurer in Singapore, covering medical, accident, property, liability lines.
- Separate arrangements pursued with a Chinese state-owned insurer in Hong Kong to build regional risk-transfer capacity.
- Underwriting capacity set to rise on Zhibao Technology’s stronger balance sheet following its PIPE financing.
- No premium-income guidance provided for the prospective treaties.